Oil prices rebound slightly after weaker-than-expected US employment figures reduce demand for the dollar.
West Texas Intermediate crude oil climbed 0.30% to $68.65 on Friday, recovering from recent losses. The gain follows softer-than-expected US jobs data, which weakened the USD and supported commodity prices.
Earlier in the week, WTI had fallen amid broader market volatility and concerns over demand. The latest employment figures contrast with previous stronger prints, adding to uncertainty over Federal Reserve policy.
Market reaction remains muted, with traders balancing geopolitical risks in the Middle East against economic data signals.